Canada Post has suspended the sale of Permanent stamps, also known as “P stamps,” as they prepare for a stamp price increase coming in the new year. Permanent stamps are always valid, no matter how much they cost when bought.

A photo from Global News shows a sign posted in a Toronto Canada Post retail outlet announcing the suspension of Permanent stamp sales.

A regular domestic stamp currently costs 63 cents, but as of March 31, 2014, that will go up to $1 for a single stamp or 85 cents each if in a pack. New prices for Permanent stamps will be announced sometime before the changeover.

The increase is part of a new five-point action plan designed to reduce costs for the Crown corporation. Canada Post also plans to eliminate door-to-door mail service in urban areas in favour of community boxes, a transition to take place over the next five years.

They also plan to eliminate 6,000 to 8,000 jobs, although Canada Post said it expects 15,000 employees to retire or leave within the next five years.